Gold
On the flip side, any attempted positive move might continue to confront some fresh supply around the $1475-76 region and is likely to remain capped by 100-day SMA barrier near the $1487-88 region.
Above the mentioned hurdle, the commodity is likely to aim towards reclaiming the key $1500 psychological mark before eventually darting towards the trend-channel resistance, near the $1507 region.


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